Free Quotes for Life Insurance with Cash Value Now Offered by Sofi Insurance Services

Sofi Insurance Services

Los Angeles, CA, Dec. 26, 2013 (GLOBE NEWSWIRE) -- Sofi Insurance Services is now offering free quotes for life insurance with cash value. Life insurance is designed to provide individuals and families with the critical financial protection they need. The expenses after the death of a loved one can be extensive and may include not just the costs of the funeral but costs associated with reduced income, children's education and other bills. Their skilled Los Angeles life insurance agent can help people find the best whole life insurance, universal life insurance or other life insurance policy for their needs.

Many types of cash value life insurance policies are available today. This allows people to enjoy more options and versatility, but it can also complicate the process of buying insurance. The experienced Los Angeles life insurance broker at Sofi Insurance Services can make it easy. With the assistance of a broker, people can quickly evaluate available plans and locate those that most closely align with their personal needs and goals. Visit for more information.

Cash value plans are designed to provide all the benefits of traditional life insurance plans with the benefits of a tax-deferred savings plan. The premiums, which can be paid monthly, quarterly, annually or even just once, are then used to pay the costs of the policy and the death benefits while a portion is set aside into a tax-deferred savings account. Premiums remain the same throughout the life of the policy and allow for easier budgeting. This type of policy has no specific term but instead remains in effect until the policy is cancelled or the policy owner dies.

The cash value of a universal or whole life policy grows over time. If the policy is cancelled, the amount it pays out will vary based on the value of the policy. Interest may be re-invested, or it may pay out according to a specific schedule.

Many different life insurance plans are available to meet the unique needs of individuals and families. Because the options can be complex and confusing, the assistance of a skilled broker can be invaluable. Sofi Insurance Services provides extensive assistance to those who are looking for insurance and can provide them with the information they need to make the best choices for their needs.

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Source:Sofi Insurance Services